September 14, 2026
A New York federal court has sanctioned a Bermuda-based Allianz affiliate after a software vendor accidentally deleted pertinent data amid the insurer pursuing arbitration against a subsidiary of green energy company Enel SpA over a "proxy revenue swap" deal.
October 17, 2022
An Enel SpA subsidiary that owns a 500-megawatt wind farm in West Texas is asking a New York court to force a Bermuda-based Allianz affiliate to arbitrate its $200 million dispute that arose after the wind farm's turbines failed during a notorious winter storm in early 2021.